Portugal's benchmark market ended Thursday's session with broad gains, pushing the PSI up 1.20% to a one-month high at the close in Lisbon. Sector strength in Telecoms, Industrials and Basic Materials underpinned the advance.
The session's top performers on the PSI included Sonae SGPS SA (ELI:YSO), which climbed 3.23% or 0.07 points to finish at 2.08. NOS SGPS SA (ELI:NOS) added 2.76% or 0.14 points to close at 5.03, while Semapa (ELI:SEM) advanced 2.72% or 0.55 points to end the day at 20.80.
On the downside, EDP Renovaveis (ELI:EDPR) recorded the largest decline among highlighted names, slipping 1.06% or 0.15 points to trade at 14.06 at the close. Ibersol SGPS (ELI:IBS) increased modestly by 0.31% or 0.03 points to 9.81, and Galp Energia Nom (ELI:GALP) rose 0.54% or 0.10 points to close at 18.72.
Advancing issues outnumbered decliners on the Lisbon Stock Exchange by 21 to 5, and two stocks finished unchanged, reflecting a market tilt toward positive breadth for the day.
Notably, shares of Sonae SGPS SA reached an all-time high in the session, gaining the reported 3.23% or 0.07 point move to 2.08.
Commodities showed mixed directionality during the session. Brent crude for September delivery fell 0.81% or 0.58 to $70.99 per barrel. U.S. crude for August delivery was down 0.86% or 0.59 to $67.99 per barrel. By contrast, the August gold futures contract rose 1.33% or 54.25 to trade at $4,136.65 a troy ounce.
In currency markets, the euro strengthened against the dollar, with EUR/USD rising 0.56% to 1.14. EUR/GBP was essentially flat, moving 0.04% to 0.86. The U.S. Dollar Index Futures traded lower, down 0.60% at 100.55.
Market participants focused on sector leaders in Telecoms, Industrials and Basic Materials as the primary drivers of the PSI's gain. The session's breadth, commodity price shifts and currency moves contributed to the overall market picture in Lisbon.